Contrarian: privacy-first can undermine decentralization and innovation
Priv8 Virtual Privacy Summit 2021: Featuring Glenn Greenwald, Dr. Steven Waterhouse, and more! (Orchid Labs)
“If you put privacy first, that is inherently dangerous for decentralization — I won’t say dangerous, but that goes against the open system policy… when you have systems that are open, that leads to more participation, that leads to more innovation.” — 04:29:52
Context: He doubles down at [04:31:16]: “privacy and decentralization may not go hand in hand… if the activity is private, that prohibits people from innovating on it.” Tor Bair rebuts it as a false choice between permissionless and private.